KG Manhattan 126 Finance Ltd.: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Philip Smith, of the British Virgin Islands, and Cosimo Borelli, of Hong Kong, as the Foreign Representatives of KG Manhattan 126 Finance Limited, which has “failed to repay a secured US$85,000,000 loan given by Bank of Shanghai (Hong Kong) Limited and China Minsheng Bank Corporation Ltd., HK Branch” and was involved in “suspicious transactions”, filed at the U. S. Bankruptcy Court for the Southern District of New York.